PolySign 2nd tweet ever and they have announced a strategic partnership with Cowen Inc. Cowen Inc., is an American multinational independent investment bank and financial services company that operates through two business segments: a broker-dealer and an investment management division. In support of the partnership, Cowen has made a $25 million strategic investment in PolySign, leading the $53 million initial closing of PolySign’s Series B financing. Also investing in the round were Blockchain.com, Race Capital, Sandia Holdings and PilotRock Investments. The funds will be used to accelerate PolySign’s ongoing development of institutional blockchain applications.
Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen stated:
“Led by a best-in-class team of cryptocurrency and financial services pioneers, PolySign has developed proprietary, next-generation blockchain technology that we believe will be foundational to the development of secure, trusted digital asset infrastructure. We’re very excited to partner with Jack McDonald, Arthur Britto and the PolySign team with a goal of making the market for digital assets accessible to institutional investors.”
— PolySign (@PolySignInc) May 13, 2021